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frankdtx
New Member

I have two defined benefit monthly pension plans reported on 1099-R, but Turbo-Tax is treating them as RMDs. What gives?

 
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1 Reply

I have two defined benefit monthly pension plans reported on 1099-R, but Turbo-Tax is treating them as RMDs. What gives?

Say all of it is the RMD.  If you are 70 1/2 it will ask you if it is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.

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